- Introduction
- What is IRFC?
- Overview of IRFC
- Fundamental Analysis of IRFC Ltd
- Financial Data Analysis of IRFC Ltd
- IRFC Share Price Target
- Last 5 Years' Profit Growth of IRFC
- Investor Types and Shareholding Structure
- IRFC Ltd Peers
- Advantages and Disadvantages of IRFC Shares
- FAQ
- What is the IRFC Share Price Target for the year 2024?
- What is the IRFC Share Price Target for the year 2025?
- What is the IRFC Share Price Target for the year 2027?
- What is the IRFC Share Price Target for the year 2029?
- What is the IRFC Share Price Target for the year 2030?
- Who is the chairman of IRFC Company?
- Conclusion
- Disclaimer
Introduction
In today’s blog, we will explore the IRFC share price target from 2024-30. Taking advantage of the knowledge and study – aimed at helping both buyers, sellers and investors; this blog was penned to provide an extensive analysis of IRFC from a financial growth perspective along with some insights on its business strategies & performance metrics. This information is important for Retail investors to know and understand if it is worth buying in the future.
What is IRFC?
IRFC(Indian Railway Finance Corporation) is one of the most vital financial arm set up under Indian Railways on 12.12.1986 The key mandate of IRFC has been to raise funds for the development and purchase of assets which belong entirely to Indian Railways. IRFC is a Schedule ‘A’ Public Sector Enterprise under the Ministry of Railways and its principal business activities are borrowing funds from financial markets and lending those to Indian Railway for their projects.
Overview of IRFC
IRFC is a non-banking financial company and subject to the regulation by RBI of India. New Delhi-based company, which raises capital from India and foreign countries for Indian Railway. As on March 31, 2022 IRFC has funded projects worth more than ₹5.05 lakh crore including the purchase of locomotives, passenger coaches and wagons.
Fundamental Analysis of IRFC Ltd
Company Name | Indian Railway Finance Corporation Limited |
Market Cap | ₹2,85,672.52 Crore |
Face Value | ₹10 |
Book Value | ₹37.96 |
Dividend Yield | 0.79% |
52 Week High | ₹225.12 |
52 Week Low | ₹32.35 |
NSE Symbol | IRFC |
Financial Data Analysis of IRFC Ltd
Metric | Value |
PE Ratio | 41.95 |
ROA | 1.34% |
PB Ratio | 4.59 |
ROE | 14.67% |
IRFC Share Price Target
IRFC Share Price Target 2024
IRFC’s growth trajectory is closely tied to its monopoly status in leasing assets to the Indian Railways. The company expects substantial sales growth, bolstered by new railway projects.
Year | 1st Price Target | 2nd Price Target |
2024 | ₹150.23 | ₹315.41 |
IRFC Share Price Target 2025
IRFC’s alignment with the government sector and high promoter holding (87%) makes it an attractive long-term investment. The share is projected to benefit from ongoing and future railway projects.
Year | 1st Price Target | 2nd Price Target |
2025 | ₹320.41 | ₹430.12 |
IRFC Share Price Target 2027
With a consistent increase in share prices and income growth over the past few years, IRFC is expected to maintain a bullish trend.
Year | 1st Price Target | 2nd Price Target |
2027 | ₹560 | ₹670.23 |
IRFC Share Price Target 2030
IRFC’s strategic funding through market borrowings and commercial loans positions it for continued growth. The company’s debt-free status and strong government ties further enhance its prospects.
Year | 1st Price Target | 2nd Price Target |
2030 | ₹990.41 | ₹1090.25 |
Last 5 Years’ Profit Growth of IRFC
Year | Profit Growth |
2019 | 4.09% |
2020 | 10.23% |
2021 | 25.63% |
2022 | 25.64% |
2023 | 26.01% |
How to Purchase IRFC Shares Investors can purchase IRFC shares through common trading platforms such as Zerodha, Upstox, Groww, and Angel One.
Investor Types and Shareholding Structure
Investor Type | Shareholding (%) |
Promoter Holding | 85.40% |
Public Holding | 11.34% |
FII | 1.06% |
DII | 2.20% |
IRFC Ltd Peers
Company Name | Price | Market Cap |
Capital Trade | ₹47.23 | ₹295.69 Crore |
Capital Trust | ₹134.25 | ₹220.42 Crore |
Ceejay Finance | ₹208.25 | ₹72.12 Crore |
Advantages and Disadvantages of IRFC Shares
Advantages
- High promoter holding capacity (87%).
- Zero promoter pledges.
- Increasing book value over the last two years.
- Rising annual net profit.
Disadvantages
- Declining net profit margins.
- Potential growth impact due to falling profit margins.
Also Read: Hindustan Unilever Share Price Target 2024, 2025, 2026, 2027, 2030
FAQ
Who is the chairman of IRFC Company?
As of the latest data, Amitabh Banerjee is the Chairman and Managing Director.
Conclusion
Wrap up Despite this, the above in-depth analysis of share price targets from 2024 to 2030 envision strong growth prospects for IRFC. With solid financials and direct connection with Indian Railways, IRFC offers a good investment opportunity. Moreover, as usual interested buyers should speak with all their finance advisors to learn dangers and betting spouse expensive.
Disclaimer
The information provided in this blog is for educational purposes only and nothing written should be considered as financial advice. The above references an opinion and is for informational purposes only.